Advance
Preprints are early versions of research articles that have not been peer reviewed. They should not be regarded as conclusive and should not be reported in news media as established information.
Paper SAGE Preprint - Copia.docx (54.26 kB)
Download file

Integrative literature review of the financial fragility hypothesis proposed by Minksy

Download (54.26 kB)
preprint
posted on 20.01.2022, 17:13 authored by Cláudio CaríssimoCláudio Caríssimo, Mozar José de Brito, Francisval Melo Carvalho, carlos eduardo Stefaniak Aveline, rafaela maiara caetano

This paper conducts an Integrative Literature Review on the Financial Fragility Hypothesis presented by Minsky and on Financial Fragility Applied to the Public Sector. Twenty papers were chosen that addressed the proposed theme in both quantitative and qualitative procedures. The topics discussed ways of measuring financial fragility, effects on fiscal policy and need for regulation, relations between investment, cash flow expectations, the influence of interest rates and indebtedness on firms, and financial instability. The integration reinforced the conceptual aspects and propositions presented by Minsky, broadening in an integrated way the understanding of his theoretical assumptions regarding financial fragility, addressing the causes, observations, and economic and institutional consequences, in addition to signaling for insufficiencies of more empirical studies and the public sector.

History

Declaration of conflicts of interest

There is no conflict of interest

Corresponding author email

claudio.carissimo@unifal-mg.edu.br

Lead author country

Brazil

Lead author job role

Higher Education Faculty 4-yr College

Lead author institution

Federal University of Alfenas

Human Participants

No

Comments

Log in to write your comment here...